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Demographic and Economic Trends in Mirador Estates: A White Majority Neighborhood with Increasing Hispanic Population
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Mirador Estates, a neighborhood in Gilbert, Arizona, is classified as a "White Majority" community as of 2022. The median income of the neighborhood is $114,253. Over the past decade, the area has maintained its racial composition while experiencing changes in diversity and economic status. Mirador Estates is characterized by upscale residential developments and is situated near various amenities in the growing town of Gilbert.
From 2013 to 2022, Mirador Estates has consistently been categorized as "White Majority," with the white population ranging from 67% to 91%. The neighborhood reached its highest white population percentage in 2018 at 91%. Since then, there has been a gradual decrease in the white population percentage, reaching 71% in 2022. The Hispanic population has shown the most significant increase, rising from 7% in 2013 to 24% in 2022, indicating a trend towards a "Moderate Diversity" classification.
The median income in Mirador Estates has fluctuated but generally trended upward. From 2013 to 2015, there was a decline in median income from $99,838 to $86,802. Since 2015, the neighborhood has experienced a substantial increase in median income, reaching $125,895 in 2021 before slightly decreasing to $114,253 in 2022. This economic growth correlates with the increasing diversity in the neighborhood.
The demographic shifts in Mirador Estates align with broader trends seen in many suburban areas across the United States, where traditionally white-majority communities are experiencing increased diversity, particularly with growth in Hispanic populations. The economic trajectory of the neighborhood, with its rising median income, reflects the overall growth and development of Gilbert, which has been one of the fastest-growing municipalities in Arizona.
The increase in median income from $99,838 in 2013 to $114,253 in 2022 represents a growth of about 14.4% over nine years, outpacing the national inflation rate for the same period. This suggests that Mirador Estates has maintained and enhanced its status as an affluent neighborhood within the broader context of Gilbert's economic development.
Mirador Estates remains a "White Majority" community but is showing signs of transitioning towards greater diversity, primarily driven by Hispanic population growth. This demographic shift has coincided with significant economic growth, positioning the neighborhood as an increasingly prosperous and slowly diversifying enclave within the rapidly evolving landscape of Gilbert, Arizona.
